BRIEF-Acres Commercial Realty Corp. Announces Agreement To Internalize Management And Acquire Acres Capital Corp.-June 2024-www.financetom.com

BRIEF-Acres Commercial Realty Corp. Announces Agreement To Internalize Management And Acquire Acres Capital Corp.

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BRIEF-Acres Commercial Realty Corp. Announces Agreement To Internalize Management And Acquire Acres Capital Corp.

Apr 30, 2026 3:37 AM

April 30 (Reuters) - Acres Commercial Realty Corp ( ACR )

* ACRES COMMERCIAL REALTY CORP. ( ACR ) ANNOUNCES AGREEMENT TO

INTERNALIZE MANAGEMENT AND ACQUIRE ACRES CAPITAL CORP.

* ACRES COMMERCIAL REALTY CORP ( ACR ) - TO BUY ACRES CAPITAL IN

ALL-STOCK MERGER

* ACRES COMMERCIAL REALTY CORP ( ACR ) - TO ISSUE 7.5 MILLION SHARES

TO ACC STOCKHOLDERS AT FULLY DILUTED BOOK VALUE AS OF DEC 31,

2025

* ACRES COMMERCIAL REALTY CORP ( ACR ) - MERGER AND INTERNALIZATION

EXPECTED TO CLOSE IN Q3 2026

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